this post was submitted on 23 Sep 2023
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I just got charged $165 a couple days ago from two yearly subscriptions I totally forgot I had. We need a better solution. The banks should just implement the usage of Virtual Cards like Privacy.com does. It'd be so much more convent for people to cancel subscriptions, if they're allowed to have multiple different virtual cards that they can easily toggle on or off.
Why don't the banks do this?
Sorry to sound harsh, but....self control?
I have a subscription for a VPN. I've been sitting here for a couple of minutes trying to think of others. I suppose my internet etc is a subscription
I can't think of anything else
I just have a subscription for music and cloud storage, that's it. I don't understand how some people have all of the subscriptions
The banks are in on it.
They get a cut of every transaction, and the more debt you accrue, the more money the bank makes if you carry a balance. They are financially disincentivized from protecting you from your spending.